MGT 450 Week 2 DQ 2 Industry Analysis
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Industry Analysis Describe an industry analysis and its purpose. Give two examples of the types of questions an industry analysis might answer. In your discussion also include an analysis of the chosen two areas and how they affect the strategic planning process. Respond to at least two of your classmates posts. You must create one initial post and at least two responses, for a minimum of three posts for this discussion. An industry analysis uses information that is specific to the industry, and not the individual organization, to help determine the focus of strategic planning. It includes a broad scope of areas to consider, some more than others, depending on the industry. Given the current rate of technology and how it continues to shape business models and some industries all...